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Tuesday, February 24, 2009

CNBC.com's News Now: Bernanke to Santelli ...

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Tuesday, Feb. 24, 2009
CNBC.com's News Now CNBC Extended Hours Real-Time Quotes: Now CNBC.com brings you even more of the fast and actionable information you need to respond to market moves - and it's free!    
DOW 7350.94 236.16 +3.32%  
NASDAQ 1441.83 54.11 +3.9%  
S&P 773.14 29.81 +4.01%  
 
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WHAT YOU SHOULD KNOW
Wall Street to Obama: Give Us a Little Bit of Hope
"We have enough bad news out there. We need the positives," says one market pro in an anticipation of President Obama's speech to Congress Tuesday night...
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Stocks Soar as Bernanke Calms Jitters
Investors enjoyed a Fat Tuesday of their own, reclaiming most of the prior session's losses, after Fed Chairman Ben Bernanke indicated that...
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Pros Say: Recovery Starts in Q3
Tuesday: Fed Chairman Ben Bernanke warned the "severe" U.S. recession may drag into 2010 unless the government succeeds in stabilizing the banking system and financial markets. Debate continues on bank "nationalization," with Bank...
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TODAY'S TOP 5 VIDEOS
1. Bernanke to Santelli: Save the Neighborhood 
Sen. Evan Bayh (D-IN) asks Fed Chairman Ben Bernanke whether the government programs are, in the eyes of commentators like Rick Santelli, rewarding bad behavior. While Bernanke understands the sentiment, he says if your neighbor's house is on fire, it's probably a good idea to put it out, save him, and, in turn, save your house, too.

2. Fed Chairman Ben Bernanke Testimony 
Federal Reserve chairman Ben Bernanke presents his semiannual monetary policy report to Congress.

3. Dr. Doom: Banks Need Temporary Nationalization  
Nationalizing insolvent US banks is the best solution to avoid a Japan-like scenario in which 'zombie' financial institutions would eat up public resources while.

4. Bill Clinton on Saving the Financial System 
The government will have to do more to help banks and nationalizing financial institutions would make them worthless to investors, says form...

5. Stop Trading, Listen to Cramer! 
Mad Money host Jim Cramer shares his stock picks with CNBC's Melissa Lee

 

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  TODAY'S TOP BLOG
  blogger
Chadwick: My Warning to American Express Cardholders
Some of you may have received an 'invitation' from American Express over the last week or so to pay off your entire account balance and to close your account, and in return you will receive a $300 prepaid gift card. The $300 lure from American Express may be the most expensive 'gift' you ever received.

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